Western Digital Corporation shares more than doubled during the second quarter of 2026, driven by strong demand for high-capacity hard drives and expectations that tighter industry supply discipline will support better pricing and profitability. The Columbia Seligman Global Technology Fund highlighted the stock as a key contributor, maintaining an overweight allocation as the rally extended a six-quarter run. On July 27, 2026, Western Digital closed at $497.92 per share, with a one-month return of negative 31.70% and a 52-week gain of 517.82%, giving it a market capitalization of about $150.67 billion. The fund's Institutional Class shares returned 50.34% during the quarter, outperforming the MSCI World Information Technology Index's 33.65% gain.
Western Digital CorporationStrong demand for high-capacity hard drives drives revenue and growth.